Nature of Performance Clause Samples
Nature of Performance. During the existence of the partnership, the partners shall be solely responsible for performing the following duties:
(a) The First Party shall contribute all money needed to purchase, repair, maintain, advertise, market and any other expenses, as well as any mortgage payments that become due during the period of ownership of the subject property as well as qualifying for any necessary financing.
(b) The Second Party shall be solely responsible for the day to day management, maintenance renovation & marketing of the subject property for resale, thereby protecting the investment of the parties. The Second Party may, at his sole option and expense, make alterations and improvements to the property, as in his discretion, are necessary and advisable.
Nature of Performance. Synlait shall perform its production activities described herein in a lawful, competent, professional and timely manner with the degree of skill, care and diligence expected of a company expert and experienced in performing such activities. Without limiting the generality of the foregoing, Synlait shall, throughout the term of this Agreement: (i) maintain all regulatory approvals necessary to lawfully produce and supply to Immuron HIC that Immuron orders hereunder, and (ii) comply with all New Zealand laws and regulations, as well as any applicable international conventions which have the force of law, in performing its obligations hereunder.
Nature of Performance. During the experience of the joint venture, the venturers shall be solely responsible for performing the following duties:
(a) The First Party shall , in addition to those duties set out in Schedule "B-1", which is attached incorporated herein by reference. The First Party shall perform all work in full compliance with any an requirements, and in strict compliance with any and all governmental requirements applicable thereto.
(b) The Second Party shall _, in addition to those duties set out in Schedule "B-2", which is attached hereto and in reference. The Second Party shall perform all work in full compliance with any and all contract require compliance with any and all governmental requirements applicable thereto.
Nature of Performance. During the existence of the Supply Agreement, the Parties shall be solely responsible for performing the following duties:
a) ESW shall perform all work in full compliance with any and all contract requirements and in strict compliance with any and all governmental requirements applicable thereto.
b) The Supplier shall, in addition to providing those products set out in Exhibit A, which is attached hereto and incorporated herein by reference at prices, which will be negotiated between the parties from time to time. The Supplier shall perform all work in full compliance with any and all contract requirements and in strict compliance with any and all governmental requirements applicable thereto. ESW shall place orders with the Supplier in a manner acceptable to the Supplier and shall pay obligations there under in a timeframe acceptable to the Supplier.
Nature of Performance. (a) The IPro will perform the Services as set out in Part 1 of the Schedule and any other conditions stipulated by the Client in Part 11 of the Schedule, when requested by ESS and the Client, in accordance with all applicable laws, to the best of his/her skill and knowledge and at all times acting in good faith.
(b) The IPro shall:
(i) make good any unsatisfactory Services it performs, including the rectification of defects in the performance of the Services at no further cost to the Client or ESS; and
(ii) immediately notify ESS of any activity it is involved in which may create a conflict of interest with the duties the IPro owes ESS and/or the Client.
(c) The IPro shall maintain all authorisations, permits and licences required to perform the Services, and must produce evidence of such to ESS, upon request.
(d) The IPro may delegate the performance of the Services to another person (Delegated Person) with the prior consent of the Client and/or ESS and upon the Delegated Person executing this Agreement.
(e) The parties acknowledge this agreement may be extended to involve the future provision of Services to other Clients of ESS at the conclusion of any initial engagement. Such further engagement shall be in accordance with clause 1.1.
Nature of Performance. During the experience of JVA, the companies shall be responsible for performing the following duties. REALEZA at its option shall undertake the site preparation, site development, mechanical, electrical, plumbing, masonry works, metal fabrication works/installation including some finishing works and painting works on any and all construction projects awarded to the JVA in addition to those responsibilities set out in “Section-3” of this JVA. ABC shall undertake the building foundation, civil and structural works on any building construction including newly introduced wall cladding and finishing technology not locally available in the Philippine construction standard on any and all construction projects awarded to the JVA in addition to those duties set out in “Section-4” of this JVA.
Nature of Performance. Date of Performance: Band July 4, 2025
Nature of Performance. During the existence of the joint venture the partners shall be solely responsible for performing the following duties:
(A) Except as provided in this paragraph, each of the parties will not dispose (i.e., transfer, devise, convey, lease, mortgage or otherwise encumber his undivided interest) in the subject property without the written consent of the other party.
(B) The first party shall be solely responsible for providing all available information for the purchase of the subject note including all contacts, communications and providers, thereby protecting the investment for all parties.
(C) Project funds shall be deposited to an operating account solely controlled by the first party.
(D) The first party shall be solely responsible for the day-to-day management, negotiation, contracts, account setup, maintenance, renovation and marketing of the subject property, thereby protecting the investment of all parties. The first party may, at his sole option and expense make alterations and improvements to the property as in his discretion are necessary and advisable.
(E) The second party shall contribute all expected monies needed to purchase, maintain servicing, insurance, legal and any other operating expenses that become due during the period of ownership of the subject property as well as qualifying for any required financing, thereby protecting the investment of both parties.
Nature of Performance. During the existence of the joint venture the parties shall be solely responsible for performing the following duties:
(A) The Investor shall be solely responsible for contributing the Investment Contribution.
(B) The Contractor shall be solely responsible for the day to day management, maintenance, renovation and marketing of the Property for resale, thereby protecting the investment for both parties. The Contractor shall adhere to the Approved Budget (defined below) and any alterations or improvements desired above the approved budget amount must be agreed upon in writing by both parties.
Nature of Performance